Aramco

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This Sept. 15, 2019, file photo, shows storage tanks at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia. Saudi Arabia's state-owned oil company Aramco on Thursday, Dec. 5, 2019, set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. (AP Photo/Amr Nabil, File)

Saudi Aramco gains 10% in debut to clinch top seat at $1.8T

By Aya Batrawy - Associated Press

FILE - In this Nov. 3, 2019, file photo, a man walks past a compound for Saudi Aramco in Jiddah, Saudi Arabia. Saudi Arabia's state-owned oil company Aramco on Thursday, Dec. 5, set a share price for its IPO, that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. (AP Photo/Amr Nabil, File)

Saudi Aramco plans $25.6B share sale in biggest ever IPO

By AYA BATRAWY - Associated Press

Saudi oil producer Aramco announces $25.6 billion share sale, valuing company at $1.7 trillion in wo

Associated Press

FILE - In this Oct. 14, 2019 file photo, Saudi Arabia's King Salman attends the official welcome ceremony for Russian President Vladimir Putin in Riyadh, Saudi Arabia. On Wednesday, Nov. 20, 2019, Salman touted his country’s reforms in his annual address and stressed the importance of his government’s decision to publicly list shares of the state-run oil giant Aramco. King Salman also commended a decision to grant tourist visas, describing the move as a way to attract investments and showcase Saudi heritage and culture. (AP Photo/Alexander Zemlianichenko, Pool, File)

Saudi king touts reforms, Aramco IPO in annual address

By ABDULLAH AL-SHIHRI and AYA BATRAWY - Associated Press

FILE - This May. 3, 2009 file photo shows an oil facility in Jubeil, about 600 kilometers (370 miles) from Riyadh, Saudi Arabia. Saudi Arabia formally started its long-anticipated initial public offering of its state-run oil giant Saudi Aramco on Sunday, which will see a sliver of the firm offered on a local stock exchange in hopes of raising billions of dollars for the kingdom. (AP Photo/Hassan Ammar, File)

Saudi Aramco seeks record-setting IPO with value up to $1.7T

By JON GAMBRELL and MALAK HARB - Associated Press

A man walks near a compound for Saudi Aramco in Jiddah, Saudi Arabia, Sunday, Nov. 3, 2019. Saudi Arabia formally started its long-anticipated initial public offering of its state-run oil giant Saudi Aramco on Sunday, which will see a sliver of the firm offered on a local stock exchange in hopes of raising billions of dollars for the kingdom. (AP Photo/Amr Nabil)

Saudi Aramco takes another step toward 1st public offering

By AYA BATRAWY - Associated Press

Saudi energy minister says 50% of crude oil production cut from attack on Aramco sites has been rest

Associated Press

Smoke from a fire at the Abqaiq oil processing facility fills the skyline, in Buqyaq, Saudi Arabia. (Al-Arabiya via AP, File)

Aramco attacks show company entanglement in Saudi politics

By AYA BATRAWY - Associated Press

Amin Nasser, the chairman and CEO of the state-run oil giant Saudi Aramco, speaks to journalists at the World Energy Congress in Abu Dhabi, United Arab Emirates, Tuesday, Sept. 10, 2019. Nasser told journalists Tuesday a planned initial public offering of a sliver of the oil company's worth would happen &quot;very soon.&quot; (AP Photo/Jon Gambrell)

Saudi Aramco CEO signals local listing coming ‘very soon’

By AYA BATRAWY and FAY ABUELGASIM - Associated Press

In this June 24, 2019, file photo, Saudi Arabia's Crown Prince Mohammed bin Salman, meets with Secretary of State Mike Pompeo at Al Salam Palace in Jiddah, Saudi Arabia. (AP Photo/Jacquelyn Martin, Pool, File)

Saudi prince sees Aramco IPO as key to overhaul kingdom

By AYA BATRAWY - Associated Press

FILE - In this Sept. 25, 1990 file photo, oil pipelines snake through the port area of the Aramco facility at Ras Tannura, Saudi Arabia. Saudi Arabia’s renewed push to publicly list its most valuable entity, Aramco, is part of a high-stakes plan by Crown Prince Mohammed bin Salman to prepare the country for a future less dependent on oil for survival. (AP Photo/Tannen Maury, File)

A look at Saudi Aramco’s much anticipated, delayed IPO

By AYA BATRAWY - Associated Press

Saudi Aramco gets new chairman to prepare for public listing

Associated Press

Saudi Aramco readies for IPO with deal with India’s Reliance

By The Associated Press - Associated Press

Aramco awards $18B in contracts to buoy offshore capacity

Associated Press

Saudi Aramco buys $1.2 billion stake in South Korean refiner

Associated Press

FILE - In this Feb. 26, 1997 file photo, Khaled al-Otaiby, an official of the Saudi oil company Aramco, watches progress at a rig at the al-Howta oil field near Howta, Saudi Arabia. According to an assessment published Monday, April 1, 2019, by Moody’s Investors Services, the net profits of Saudi Aramco reached $111 billion last year. That places Aramco ahead of some of the world’s most profitable firms. In their first-ever grade assessment for Aramco, Fitch Ratings issued the firm an A+ rating, while Moody’s gave it it’s A1 rating ahead of its upcoming bonds sale. (AP Photo/John Moore, File)

Western banks help Saudis raise $12 billion in bonds

By CARLO PIOVANO and AYA BATRAWY - Associated Press

Saudi Aramco acquires $69B stake in petrochemical firm SABIC

By ABDULLAH AL-SHIHRI and AYA BATRAWY - Associated Press

Illustration on Saudi corruption by Linas Garsys/The Washington Times

Saudi Arabia, an arrogant ally

By Abraham Wagner

Saudi Arabia in discussions on oil refinery in Pakistan

Associated Press

The public sale of the Saudi state oil company Aramco was seen as key to Crown Prince Mohammed bin Salman's bid to consolidate his authority at home and bolster Saudi Arabia and its allies in the struggle for influence against regional archrival Iran. (Associated Press/File)

Mohammed bin Salman’s Aramco IPO cutoff signals Saudi limits on reform

By Dan Boylan - The Washington Times